Bright Mountain net loss narrows to $1.3 million in Q1 FY26; revenue slips 2% to $14 million
BRIGHT MOUNTAIN MEDIA INC BMTM | 0.00 |
- Bright Mountain Media posted a net loss of USD 1.3 million for quarter ended March 31, 2026, narrowing 60% year over year.
- Revenue fell 2% to USD 14 million, while operating results swung to operating income of USD 1.74 million from an operating loss a year earlier.
- Gross margin held at USD 4.31 million, while general and administrative expense dropped 43% to USD 2.57 million.
- Advertising technology revenue rose 57% to USD 6.64 million, while consumer insights revenue declined 28% to USD 5.05 million.
- Liquidity remained tight with cash of USD 594,000, while management flagged substantial doubt about ability to continue as a going concern and said it is exploring restructuring or refinancing debt, additional borrowing, or raising equity.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bright Mountain Media Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-219218), on May 12, 2026, and is solely responsible for the information contained therein.
